7,131 Shares in Sun Life Financial Inc. $SLF Acquired by Waverly Advisors LLC

Posted by Brian Himes on Aug 4th, 2026

Waverly Advisors LLC purchased a new stake in Sun Life Financial Inc. (NYSE:SLF – Free Report) (TSE:SLF) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 7,131 shares of the financial services provider’s stock, valued at approximately $446,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Sun Life Financial during the 4th quarter worth $398,037,000. Morgan Stanley boosted its position in shares of Sun Life Financial by 86.6% in the fourth quarter. Morgan Stanley now owns 3,952,646 shares of the financial services provider’s stock valued at $246,645,000 after acquiring an additional 1,834,772 shares during the period. Healthcare of Ontario Pension Plan Trust Fund grew its stake in shares of Sun Life Financial by 2,187.4% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,601,200 shares of the financial services provider’s stock valued at $100,276,000 after acquiring an additional 1,531,200 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Sun Life Financial by 27.1% in the fourth quarter. Bank of Nova Scotia now owns 5,991,249 shares of the financial services provider’s stock valued at $373,984,000 after acquiring an additional 1,277,583 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in Sun Life Financial by 123.4% during the fourth quarter. Wellington Management Group LLP now owns 2,245,209 shares of the financial services provider’s stock worth $140,339,000 after acquiring an additional 1,240,241 shares during the period. 52.26% of the stock is owned by institutional investors and hedge funds.

Sun Life Financial Price Performance

Shares of NYSE SLF opened at $82.50 on Tuesday. The company has a 50 day simple moving average of $78.10 and a 200 day simple moving average of $70.46. Sun Life Financial Inc. has a 1 year low of $56.22 and a 1 year high of $84.38. The firm has a market cap of $45.98 billion, a PE ratio of 21.26 and a beta of 0.88.

Sun Life Financial (NYSE:SLF – Get Free Report) (TSE:SLF) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.03. The firm had revenue of $6.41 billion during the quarter, compared to analysts’ expectations of $925.99 million. Sun Life Financial had a net margin of 7.85% and a return on equity of 17.80%. During the same period in the prior year, the company posted $1.82 EPS. As a group, research analysts anticipate that Sun Life Financial Inc. will post 5.69 earnings per share for the current fiscal year.

Sun Life Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Wednesday, May 27th were given a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, May 27th. This represents a $3.84 annualized dividend and a yield of 4.7%. This is an increase from Sun Life Financial’s previous quarterly dividend of $0.92. Sun Life Financial’s dividend payout ratio is 72.94%.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Sun Life Financial in a report on Friday, May 8th. TD Securities reaffirmed a “buy” rating on shares of Sun Life Financial in a report on Thursday, May 7th. Scotiabank reiterated a “sector perform” rating on shares of Sun Life Financial in a research note on Wednesday, July 15th. National Bank Financial raised Sun Life Financial from a “sector perform” rating to an “outperform” rating in a research report on Friday, April 24th. Finally, Wall Street Zen upgraded Sun Life Financial from a “sell” rating to a “hold” rating in a research note on Sunday, July 26th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $84.67.

Get Our Latest Analysis on Sun Life Financial

Sun Life Financial Company Profile

(Free Report)

Sun Life Financial Inc, founded in 1865 and headquartered in Toronto, Ontario, is an international financial services organization that provides a range of insurance, wealth management and asset management solutions. The company serves individual and institutional clients, offering products designed to protect against life and health risks, help clients save for retirement, and manage investments on behalf of customers and third parties.

Core business activities include life and health insurance, group benefits for employers, retirement and pension products, and wealth management services such as mutual funds and segregated fund solutions.